NOT LISTED FOR SALE

Estimated Value: $599,357 - $826,000

6 Beds
4 Baths
1,900 Sq Ft
$385/Sq Ft Est. Value

Last Sold February 07, 2022

Last sale price $583,000 $307 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $4,853/month

65 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of February 2022

This unique, grand style building with a dignified presence, on a large lot with a deep setback lawn, boasts two completely RENOVATED 3 bed/ 2 Baths Units. Upgrades include newer roof & plumbing pipes are both about 5 years old, newer kitchens and baths, split unit ACs, flooring, and plastered & painted walls. It's located around Midtown Miami, in an area experiencing redevelopment, and gentrification, amongst mostly single-family homes, and a short hop to Brickell/Downtown Miami, Coral Gables, Miami Airport, Coconut Grove, and major highways. FULLY RENTED with leases till 10/22 it yields $4050 monthly, with low operational cost, and room for increase. This gem will be a great addition to any investment portfolio now, and possibly a great forward-looking redevelopment investment.

Last Agent to Sell the Property

Ikem Obi

United Realty Group Inc License #0636204 Listed on: 12/03/2021

United Realty Group Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,785

Year Built

  • Built in 1925

Lot Details

  • 6,273

Home Design

  • Duplex

Interior Spaces

  • 1,900 Sq Ft Home
  • 2-Story Property

Flooring

  • Tile
  • Vinyl

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Glenroyal Sub Condos
  • Glenroyal Sub Subdivision

Listing and Financial Details

  • Rent includes gardener
  • Assessor Parcel Number 01-41-03-033-0340

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,785

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1925
  • Property Sub Type: Duplex
  • Architectural Style: Detached
  • Horses: No
  • New Construction: No
  • Building Stories: 2
  • Structure Type: Duplex
  • Subdivision Name: GLENROYAL SUB
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl
  • Living Area: 1900
  • Possible Use: Investment
  • Stories: 2

Exterior Features

  • Roof: Other
  • Lot Features: Less Than 1/4 Acre Lot
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: GLENROYAL SUB

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 01-41-03-033-0340
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Rent Includes: Gardener

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 7785

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2021
Closed on
Feb 7, 2022
Sold by
Tello Anthony R and Tello Jazmin D
Bought by
Zisa Natalia
Seller's Agent
Ikem Obi
United Realty Group Inc
List Price
$599,900
Sold Price
$583,000
Premium/Discount to List
-$16,900
-2.82%
Current Estimated Value
$731,089

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,089
Avg. Annual Appreciation
6.39%

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jun 8, 2021
Sold by
Aguilar Daniel E
Bought by
Tello Anthony R and Tello Jazmin D
Seller's Agent
Nicole Sanchez
One Sotheby's International Realty
Buyer's Agent
Ikem Obi
United Realty Group Inc
List Price
$550,000
Sold Price
$536,000
Premium/Discount to List
-$14,000
-2.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.37%
Original Mortgage
$402,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 18, 2019
Closed on
Aug 21, 2019
Sold by
Gjc Alliance Group Llc
Bought by
Aguilar Daniel E and Aguilar Manuel
Seller's Agent
Yina Urueta
Blue Coral Realty, LLC.
Buyer's Agent
Joan Montero
Epic Capital Realty
List Price
$499,000
Sold Price
$475,000
Premium/Discount to List
-$24,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.98%
Original Mortgage
$380,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2017
Closed on
Mar 5, 2018
Sold by
Ferrer Jose F
Bought by
Gjc Alliance Group Llc
Seller's Agent
Nubia Martinez
Corbel Realty, Inc.
Buyer's Agent
Byron Zambrano
New World Properties, Inc
List Price
$285,000
Sold Price
$275,000
Premium/Discount to List
-$10,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.03%
Original Mortgage
$200,000
Interest Rate
4.04%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Dec 22, 2000
Sold by
Rafael and Mederos Gilda
Bought by
Ferrer Jose F

Purchase Details

Closed on
Dec 5, 1996
Sold by
Carrazana Yoiset
Bought by
Mederos Rafael and Mederos Gilda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,600
Interest Rate
7.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 1995
Sold by
Gonzalez Lazaro
Bought by
Garcia Yoiset

Purchase Details

Closed on
Mar 30, 1995
Sold by
Se Redevelopment Inc
Bought by
Gonzalez Lazaro

Purchase Details

Closed on
Feb 3, 1995
Sold by
Perez Ruth and Ubeda Rafael
Bought by
Gonzalez Lazaro
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zisa Natalia $583,000 Tri County Florida Title
Tello Anthony R $536,000 Title Masters Usa Inc
Aguilar Daniel E $475,000 Attorney
Gjc Alliance Group Llc $275,000 Attorney
Ferrer Jose F $100,000 --
Mederos Rafael $68,000 --
Garcia Yoiset $62,800 --
Gonzalez Lazaro -- --
Gonzalez Lazaro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tello Anthony R $402,000
Previous Owner Aguilar Daniel E $380,000
Previous Owner Gjc Alliance Group Llc $200,000
Previous Owner Ferrer Jose F $220,000
Previous Owner Mederos Rafael $120,000
Previous Owner Mederos Rafael $47,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2022 02/07/22 Sold $583,000 -2.8% $307 / Sq Ft
12/03/2021 12/03/21 For Sale $599,900 +11.9% $316 / Sq Ft
06/08/2021 06/08/21 Sold $536,000 -2.5% $282 / Sq Ft
03/15/2021 03/15/21 For Sale $550,000 +15.8% $289 / Sq Ft
08/23/2019 08/23/19 Sold $475,000 -4.8% $250 / Sq Ft
06/20/2019 06/20/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $499,000 +81.5% $263 / Sq Ft
03/05/2018 03/05/18 Sold $275,000 0.0% $145 / Sq Ft
02/13/2018 02/13/18 Pending -- -- --
01/23/2018 01/23/18 Price Changed $275,000 -3.5% $145 / Sq Ft
01/20/2018 01/20/18 For Sale $285,000 0.0% $150 / Sq Ft
12/05/2017 12/05/17 Pending -- -- --
11/12/2017 11/12/17 Price Changed $285,000 +9.6% $150 / Sq Ft
10/18/2017 10/18/17 Price Changed $260,000 0.0% $137 / Sq Ft
10/18/2017 10/18/17 For Sale $260,000 -13.3% $137 / Sq Ft
08/03/2017 08/03/17 Pending -- -- --
06/19/2017 06/19/17 For Sale $300,000 -- $158 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,424 $479,977 $293,750 $186,227
2024 $10,720 $482,377 $294,000 $188,377
2023 $10,720 $484,527 $294,000 $190,527
2022 $10,422 $468,707 $219,000 $249,707
2021 $7,785 $330,626 $156,500 $174,126
2020 $7,502 $316,548 $140,500 $176,048
2019 $5,812 $236,651 $131,500 $105,151
2018 $4,814 $236,666 $131,500 $105,166
2017 $4,190 $157,381 $0 $0
2016 $3,883 $143,074 $0 $0
2015 $3,769 $135,326 $0 $0
2014 $3,607 $123,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11131363

MIAMI REALTORS® MLS

APN: 01-4103-033-0340